| Topic Name: |
Stock Price |
| Message Name: |
The stock cost the former owners 39 cents/share |
| Date Posted: |
02/06/2006 |
| In Reply To: |
If you're so convinced that the stock is going to 19, then why don't you short as much as you can. You can then have the last laugh. |
| Message: |
... so even at 19.00 they are making good money. I't a win-win all around. About 450 former owners split 70 million shares.
That's about 150,000 shares each. At $19.00 it is around $2.8 million each. It cost them about $60,000 each (150,000 * 39 cents).
If you don't believe me, look at the sec filing around page 26 or 27. You will see 70,819,520 shares at 39 cents each Average Price
http://www.sec.gov/Archives/edgar/data/1168478/000095013102002261/0000950131-02-002261.txt
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